If the dissolving of the PC where you worked allows you to take your 401K money and roll it to a self-directed IRA, I'd do it immediately if not sooner. Trustees of 401K's are well paid, the investment options are less than you would have in an IRA. Vanguard is an excellent suggestion and the amounts you are talking are such that there won't be any of Vanguard's annoying low-balance fees, and they will give you free advice if you want it as a "high net worth investor". Admiral shares carry perqs.

I don't think of ANY reason for leaving the 401k money for the next entity's trustee. It's your money, mannage it yourself.

Vanguard is the king of the index funds and pioneer of low-cost funds. If you want to buy individual stocks, there are better choices as their fees for that are on the high side, but if you are going to buy index funds it's a no-brainer.

Incidentally you are not limited to one IRA each. If at some point you want to buy individual stocks with a part of your nest egg, you can do a rollover to the low-cost broker of your choice.

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